The internet has made the world smaller through the interconnectivity of devices. The proliferation of smartphones and tablets has made the existence of mobile applications possible and profitable for both app creators and mere users.
Taking into account, according to statistics, the number of mobile users worldwide was 7.1 billion in 2024, with forecasts predicting a rise to 7.26 billion by 2024. Mobile users worldwide are expected to reach 7.49 billion by 2025. In this way, creating a mobile app to make money has become popular, encompassing several industries.
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Types of Mobile Apps by Technology
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Your mobile device may come with pre-installed applications, but do you know what type it is? There are three common classifications of mobile apps based on technology. If you are trying to make an app for your business or organization, you might have to choose which of the three best serve your purpose.
Native Apps: These are applications created for a specific platform or operating system (OS). This type of app makes use of your device’s user interface. The main issue with this type of application is that it will not work on other platforms that other devices run on, while its benefits include the fact that these apps do not require internet access to function.
Web Apps: These are mobile counterparts of websites and have functional and interactive features. They appear similar to native apps but require a web browser for access. These apps can be used on any device since they are web-based. Web browsers are the best example of web apps.
Hybrid Apps: These are web apps that have the form of native apps but are still basically web apps. These apps integrate with the mobile device’s system along with web-based services. Hybrid apps can operate even when not connected to the internet and have multi-platform support.
Importance of Mobile Apps
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In the past few years, mobiles have been just a phone without mobile apps. Mobile app development has turned mobile phones into indispensable pieces of technology you carry everywhere. People nowadays spend a third of their waking hours on mobile apps. Mobile apps make it possible for people to access information with a soft tap on their phone screen without needing a laptop or personal computer. Aside from personal emails and communication purposes, mobile apps serve other important functions, such as online banking and weather updates. On the other hand, enterprising individuals can capitalise on an idea to create an app to make a profit.
Companies introduce their mobile apps so they can be present on your phone with easy access, should you need their services. They constantly remind phone users that they are at their service anytime, anywhere. Below is a rundown of how mobile apps help many individuals and building.
Bringing People Closer
Mobile apps create an atmosphere for users to interact in cyberspace. A great example is social media as a means of communication channel between people and organisations. You are likely the owner of your own social media page and use it to connect to keep up to date with your friends’ lives and the rest of the world. Other useful apps help people meet and make new friends, such as dating apps and friendship apps.
Entertainment and Gaming
If you are bored, you can download apps for your entertainment. Several companies and even independent app creators have helped people pass the time with their mobile creations. Several entertainment apps cater to different interests. There are movie apps for movie buffs, book apps for book lovers, and music apps for melomaniacs.
Business and Finance
Banks have come a long way from their traditional brick-and-mortar setup. Banks created an online presence by establishing their own banking apps. These apps played an important role during the pandemic when face-to-face transactions were discouraged. Shopping apps and food delivery apps have become more patronised too.
There are plenty of mobile applications play in our society, such as educational, health and wellness, personal finance trackers, and many more. A simple search in a mobile store can yield a plethora of mobile apps suggested for you.
The Business Side of Mobile Apps
Source: entrepreneur.com
You can make money from turning your ideas into mobile apps. There are opportunities whether you are an individual with a game-changing, problem-solving concept or a company that aims to bring a more personal experience for its patrons.
Apps can make its creator money through monetisation. The most prolific of these monetisation schemes is through the use of advertising. You need to attract companies so they would be inclined to advertise in your app. Another way is through in-app purchases, which allow users to unlock features that regular non-paying subscribers cannot access. In-app purchases are meant for users to have access to premium content that would provide better tools for achieving goals faster. In-app purchases are prevalent in game apps where players can purchase unique, powerful weapons and customised skins, among other things. Dating apps also have in-app purchases, including age concealment, wider geographic coverage, etc.
How to Know which App to Use
When choosing which type of app you should create, there are factors to consider. If you choose to have a fast, stable, and reliable app without time and financial restrictions, then a native app should be your choice. If you have budget and time constraints, then a web or hybrid app would be best. A hybrid app is also good if you want to make a transition and turn your app into a native app in the future.
Conclusion
Mobile apps have become accessible to every human using a mobile phone or tablet. It is no wonder that corporations and proprietors have capitalised on this phenomenon. It serves as an advertising tool as well as generates business for the app owner. It would help if you considered taking advantage of this for personal or corporate gain. Devise a mobile app for you and your company!
